Job Description
Location: 50 Main Street, Suite 1101- White Plains, NY 10606 Salary: $80K-$100K
At Panco, we believe in supporting professional growth, channeling expertise into action, and creating purpose and value in our communities on every level. An award-winning company with a solid history of success; we are seeking individuals who want to join us as we grow and expand our mission of delivering exceptional residential experiences.
Property Accountant Primary Responsibilities - Prepare monthly bank reconciliation for all bank accounts
- Prepare monthly general journal entries, including accruals and adjusting entries
- Prepare monthly internal financial statements
- Prepare year end audit and tax schedules as requested by external accounting firms
- Provide lenders with information as requested
- Prepare reserve reimbursement schedules
- Reviews and approves any tenant account adjustments entered into accounting system for billing purposes
- Post charges, apply payments to tenants accounts and analyze tenant accounts, as needed
- Maintains all aspects of tenant security accounts
- Maintain the receivables and payables subsidiary ledgers and related reports
- Process and Code AP invoices
- Reconcile accrued accounts payable expense monthly and other general ledger accounts, as needed
- Communicate efficiently with team members and other departments to research and resolve any outstanding items that pertains to reconciliations
- Serve as backup for team members to cover vacation times
- Serve as backup for other department functions as necessary
- Perform other related tasks and special projects as requested
What we are looking for in a Property Accountant Candidate: - Bachelor’s degree in accounting, Finance, or a related field
- Minimum of 2-3 years of experience in accounting or finance, with a focus on intercompany transactions
- Maintain accurate and up-to-date general ledger entries, including journal entries, accruals, and account reconciliations
- Prepare monthly, quarterly, and annual financial statements and reports, including income statements, balance sheets, and cash flow statements
- Assist with audits and other external reporting requirements
- Work collaboratively with other departments, including accounting, finance, and operations, to ensure accurate recording of financial transactions
- Prepare and process payments to vendors, including checks, wire transfers, and electronic payments.
- Respond to vendor inquiries regarding payment status or other accounts payable issues
- Verify and process intercompany transactions for, payroll, T&E, and fees.
- Reconcile intercompany accounts on a monthly basis and resolve any discrepancies
- Assist with month-end and year-end closing activities related to intercompany transactions
- Ensure intercompany transactions are recorded in accordance with generally accepted accounting principles (GAAP) and company policies
- Assist with identifying and implementing process improvements related to intercompany transaction processing
- Assist with daily cash management activities, including monitoring cash balances, forecasting cash flows, and preparing cash reports.
- Assist with managing bank relationships, including account openings, maintenance, and closing
- Assist with the preparation of reports for senior management, including cash forecasts, liquidity reports, and bank fee analysis.
- Participate in ad hoc projects related to financial analysis and reporting as needed
- Successful completion of required background and drug screening prior to start of employment
What We Offer - Competitive Medical, Dental, Vision, and Disability & Life insurance benefits.
- Health Care and Dependent Care FSA and HSA.
- 401(k) with Company Match after 2 months of service.
- Generous Paid Time off. 17 PTO days, 2 Floating Holidays and 7 Company Paid Holidays. Additional PTO accrued with tenure.
- Paid Parental and Maternity Leave.
- Critical Illness, Accident and Hospital Indemnity.
- EAP, Legal Plans, Pretax Commuter Benefit, All State Identity Theft Protection and Pet Insurance.
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Job Tags
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